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OTCMKTS:HTHIY

Hitachi 10/30/2024 Earnings Report

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$31.89 +0.90 (+2.89%)
As of 11:50 AM Eastern

Hitachi EPS Results

Actual EPS
$1.71
Consensus EPS
$0.41
Beat/Miss
Beat by +$1.30
One Year Ago EPS
N/A

Hitachi Revenue Results

Actual Revenue
$15.69 billion
Expected Revenue
$16.51 billion
Beat/Miss
Missed by -$815.80 million
YoY Revenue Growth
N/A

Hitachi Announcement Details

Quarter
Time
Before Market Opens
Conference Call Date
N/A
Conference Call Time
N/A

Conference Call Resources

Hitachi Earnings Headlines

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About Hitachi

Hitachi (OTCMKTS:HTHIY), Ltd. (OTCMKTS:HTHIY) is a Tokyo-headquartered multinational conglomerate that operates a diversified portfolio of businesses spanning information technology, energy and power systems, industrial machinery, transportation systems, and digital solutions. Founded in 1910 by engineer Namihei Odaira in the city of Hitachi, Ibaraki Prefecture, the company grew from an electrical repair shop and early induction motor manufacturing into a global engineering and technology group. Hitachi positions itself as a "social innovation" company, combining operational technology, information technology and domain knowledge to address infrastructure and industry challenges.

The company’s activities include design and manufacture of heavy industrial equipment and construction machinery, delivery of rail and urban transportation systems, development and provision of power generation and grid equipment, and enterprise IT services including systems integration and cloud solutions. Hitachi has developed digital platforms such as Lumada for IoT and analytics to support digital transformation across sectors, and its businesses serve customers in utilities, manufacturing, transportation, healthcare, and public infrastructure. Operations are carried out through a network of subsidiaries and affiliates that provide products, services and lifecycle support globally.

Hitachi serves markets across Japan, Asia, Europe and the Americas, supplying large-scale infrastructure projects as well as enterprise technology and industrial systems. The company emphasizes partnerships with local and regional customers to deliver integrated solutions for energy transition, smart cities, and industrial automation. As a diversified industrial and technology group with more than a century of history, Hitachi continues to evolve its portfolio toward digital and sustainable infrastructure, leveraging its engineering heritage and global footprint to address emerging market needs.

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